Jere Thompson Jr. leads the #1 fastest growing mlm company in America. His is the fastest growing company in America for that matter. Over the past 3 years, his company has seen 20,369% growth with 2009 revenue listed at $325 million.

And the scary part?

Jere says that his company could have grown ever faster!

Jere Thompson Jr. Is the head of Ambit Energy. Today Ambit Energy is listed as Inc. Magazine’s “America’s Fastest-Growing Company”.

How did that all come about?

Well, to say that Jere had some entrepreneurial spirit in his family is an understatement.

Have you ever heard of a “slurpee”? Well, that was Jere’s grandfather’s company. His grandfather was Joe Thompson and he started the 7-Eleven chain back in 1927.

Having earned an MBA from the University of Texas, Jere joined the family’s investment business. It was there he took a keen interest in fiber-optic technology. It was that interest that led him to form CapRock Fiber Network.
Caprock grew like crazy as did a lot of the telecoms that it served. Those were companies like AT&T, Sprint and MCI. In 1998 Caprock merged with another communications company and went public. Unfortunately that business went bankrupt in 2002. So Jere had to start all over again.

Texas deregulated its energy marketing during the year 2002. In energy, there were basically 3 pieces to the market. There were power generators, transmission/distribution companies and retailers of energy.

Jere and his team created their own data processing system that they felt could handle the volume of data that they would be processing – like switching providers, billing, collections and customer care.

Jere was his own first customer. His parents were second.

Once he had the basics down, Jere turned to Chris Chambless to turn the marketing engine on.

Chris had previously worked at Excel Communications years ago. At the time, Excel had gone from $30 million to $1.5 billing in five years. And Chris had the roadmap of how to market energy.

And today?

Today Ambit Energy has over 70,000 independent sales consultants or mlm distributors. They get a monthly residual for every new residential customer they bring in. And they earn a bonus when their new distributors signup a specified number of new energy customers.

Since Ambit is currently in Texas, New York and Illinois, most Ambit reps are ordering the Local Real-time MLM Leads for their networking business. That way they can specify telephone area codes within those states and find mlm leads in those areas that they can prospect for their network marketing opportunity.

Congratulations Ambit! And congratulations to all Ambit distributors! You made Ambit the #1 fastest growing company in America.. The #1 fastest growing network marketing company, #1 fastest growing mlm company in America.